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Cable Update (GBPUSD)

  • #703,741
  • Nov 4, 2022 3:54am Nov 4, 2022 3:54am
Quoting Indiara
{quote} Yes, so I went for coffee
coffee ! The most important drink of the day… for me anyway
Insane in the Brain..
  • #703,742
  • Nov 4, 2022 3:57am Nov 4, 2022 3:57am
Quoting Indiara
{quote} I still see no entry on GU, and it looks like my UJ will fail as well. It might survive, but as I already had my target filled in Tokyo session, I won't cry

i have different entries, mine are mainly based on the 08-00 15 minute bar.. then the 00-00 4 hour bar.
My bias at the moment is long but i wont trade long.lol. nothing else showing like daily range break, inside bars on the 4 hr, 00 or 50 etc.
When in doubt stay out.
Trade well
t 08-57
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,743
  • Nov 4, 2022 3:58am Nov 4, 2022 3:58am
Quoting BeeTogether
{quote} coffee ! The most important drink of the day… for me anyway
i hammer coffee for the first couple of hours of the day.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,744
  • Nov 4, 2022 4:01am Nov 4, 2022 4:01am
...bulls are trying,? challenging prev 1hr sw hi zone again now. But, Gmt+3 4hr closes as a bearish hanging man.

1hr then 4hr below
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Trader with an Edge.
  • #703,745
  • Nov 4, 2022 4:01am Nov 4, 2022 4:01am
Quoting BeeTogether
{quote} coffee ! The most important drink of the day… for me anyway
Me too. First drink of the day, and also the last drink of the day!
I am neither brave nor stupid...I am just a part time trader
  • #703,746
  • Nov 4, 2022 4:02am Nov 4, 2022 4:02am
Quoting billytt
{quote} i have different entries, mine are mainly based on the 08-00 15 minute bar.. then the 00-00 4 hour bar. My bias at the moment is long but i wont trade long.lol. nothing else showing like daily range break, inside bars on the 4 hr, 00 or 50 etc. When in doubt stay out. Trade well t 08-57
That's for sure billytt...'better to be out wishing in, than it is to be in, wishing out!'
I am neither brave nor stupid...I am just a part time trader
  • #703,747
  • Nov 4, 2022 4:05am Nov 4, 2022 4:05am
Maybe a bullish morning before NFP?
Insane in the Brain..
  • #703,748
  • Nov 4, 2022 4:05am Nov 4, 2022 4:05am
...did anyone spot the exp tri on 5min / inverted H&S? Regular bullish div @ pt 3.

5min below
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Trader with an Edge.
  • #703,749
  • Nov 4, 2022 4:07am Nov 4, 2022 4:07am
Good point! Pointless trading a market that stalls. Wait for a directional momentum first.

KP

Quoting bilal1947
{quote}....if price is not moving i am out.
Do your homework, follow the footprints of smart money
  • #703,750
  • Nov 4, 2022 4:07am Nov 4, 2022 4:07am
Manually closed my long on gold. Im not confident its gonna break the resistance on 15min
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No pen no gen
  • #703,751
  • Nov 4, 2022 4:09am Nov 4, 2022 4:09am
Quoting Indiara
{quote} That's for sure billytt...'better to be out wishing in, than it is to be in, wishing out!'

The cable 08-00 15 minute bar break, would of been good. high was 11215 and price has already made 11236 <<<< more than enough for me lol. and i only want 1 yaaaaaaaaaaaaaaaaaaaaaaaaay.
That 07-45 bar long i did, i closed trade manually but was distracted before i did it, I got lots more %%%% lol. sometimes it works out fine and sometimes bad.
Trade well
t 09-08
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,752
  • Nov 4, 2022 4:09am Nov 4, 2022 4:09am
...fibs (always,!) and a prev 30min sw hi zone above this current prev 1hr sw hi zone = prev res = pot res, on this 1hr t/f. Price still in the Asian session range yet.

1hr below
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Trader with an Edge.
  • #703,753
  • Nov 4, 2022 4:13am Nov 4, 2022 4:13am
Quoting billytt
{quote} The cable 08-00 15 minute bar break, would of been good. high was 11215 and price has already made 11236 <<<< more than enough for me lol. and i only want 1 yaaaaaaaaaaaaaaaaaaaaaaaaay. That 07-45 bar long i did, i closed trade manually but was distracted before i did it, I got lots more %%%% lol. sometimes it works out fine and sometimes bad. Trade well t 09-08
Yes, we just can't tell what will happen next, that's what makes trading (and life) so interesting! I still like GU to go up, and I have a signal right now, but it's quite weak, so I will let that one go. UJ is still trying
I am neither brave nor stupid...I am just a part time trader
  • #703,754
  • Nov 4, 2022 4:13am Nov 4, 2022 4:13am
I done it.

Recovered fully to the cent value.



Whatever I score from now on...today will have to be shared as thursday and friday score.

Yes, I am maintaining a spread sheet.

I am telling to myself, never be afraid to book losses.
It can be recovered next day..
Confidence and no fear is the need.
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Intraday only.
  • #703,755
  • Nov 4, 2022 4:16am Nov 4, 2022 4:16am
GU H1
Cheeky little buy stop in place, T1 at previous s/r, will see if it takes and if it has any momentum.
SL placed as emergency stop only and will be managed closely.
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always learning
  • #703,756
  • Nov 4, 2022 4:18am Nov 4, 2022 4:18am
Check your W1 tf. Technically, we are in a bearish trading range, so any northward move would be corrective. Intraday traders may benefit from H4 tf setups on a short-term basis but longer-term traders would need to be cautious.

Trade safe, prosper.

KP

Quoting Chris_35
Yesterday was much talk about GU diving. Today much talk about GU and going long.
Do your homework, follow the footprints of smart money
  • #703,757
  • Nov 4, 2022 4:19am Nov 4, 2022 4:19am
Quoting OragonFx
Manually closed my long on gold. Im not confident its gonna break the resistance on 15min {image}
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No pen no gen
  • #703,758
  • Nov 4, 2022 4:21am Nov 4, 2022 4:21am
Quoting Indiara
{quote} Yes, we just can't tell what will happen next, that's what makes trading (and life) so interesting! I still like GU to go up, and I have a signal right now, but it's quite weak, so I will let that one go. UJ is still trying
and i like cable to go down ,lol.
I will still long it though like earlier off the 07-45.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #703,759
  • Nov 4, 2022 4:22am Nov 4, 2022 4:22am
Quoting OragonFx
{quote} {image}
Sometimes the market is laughing at us. We have to smile and let the market enjoy it's victory. We will have another chance
I am neither brave nor stupid...I am just a part time trader
  • #703,760
  • Nov 4, 2022 4:26am Nov 4, 2022 4:26am
Quoting billytt
{quote} and i like cable to go down ,lol. I will still long it though like earlier off the 07-45.
LOL!!

If USDX breaks down, GU will probably go up, and UJ down to my TP.....maybe!!

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I am neither brave nor stupid...I am just a part time trader
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